Milford vs Newark
| Milford | Newark | |
|---|---|---|
| Population | 11,714 | 30,655 |
| Median Household Income | $59,464 | $76,912 |
| Median Home Value | $296,900 | $382,500 |
| Median Gross Rent | $1,260/mo | $1,654/mo |
| Homeownership Rate | 51.3% | 50.7% |
| Unemployment Rate | 5.1% | 6.7% |
| Bachelor's Degree or Higher | 27.6% | 58.2% |
| Median Age | 41.9 | 22.1 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.